KLA (NASDAQ:KLAC) CEO Sells $8,094,528.00 in Stock

May 13, 2026 by InsiderTrades.com

Key Points

KLA CEO Richard Wallace sold 4,512 shares for about $8.09 million at an average price of $1,794, reducing his stake by 5.61%. The sale was disclosed in an SEC filing.
KLA is set to complete a 10-for-1 stock split, with shares distributed after the June 11 close and the split taking effect on June 12. The move is largely cosmetic but could draw more retail interest.
The company reported strong quarterly earnings, beating EPS and revenue estimates, while also raising its quarterly dividend to $2.30 and maintaining a shareholder-friendly buyback program. Analysts remain constructive, with a consensus Moderate Buy rating and multiple price target increases.

KLA Corporation (NASDAQ:KLAC - Get Free Report) CEO Richard Wallace sold 4,512 shares of the business's stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $1,794.00, for a total transaction of $8,094,528.00. Following the completion of the sale, the chief executive officer owned 75,895 shares in the company, valued at $136,155,630. This represents a 5.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

KLA Price Performance

3 Companies Quietly Essential to Data Center and AI Operations

KLA stock opened at $1,811.35 on Wednesday. KLA Corporation has a 52 week low of $740.44 and a 52 week high of $1,939.36. The company has a quick ratio of 2.11, a current ratio of 3.03 and a debt-to-equity ratio of 1.01. The firm's 50-day simple moving average is $1,621.40 and its 200 day simple moving average is $1,425.55. The firm has a market capitalization of $236.61 billion, a PE ratio of 51.27, a P/E/G ratio of 2.73 and a beta of 1.50.

KLA's stock is set to split on the morning of Friday, June 12th. The 10-1 split was announced on Thursday, May 7th. The newly issued shares will be distributed to shareholders after the closing bell on Thursday, June 11th.

Buyback Watch: KLA, Flutter, and Grab Move Fast as Their Stocks Swing

KLA (NASDAQ:KLAC - Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The semiconductor company reported $9.40 EPS for the quarter, topping the consensus estimate of $9.17 by $0.23. KLA had a net margin of 35.66% and a return on equity of 91.89%. The business had revenue of $3.42 billion for the quarter, compared to analyst estimates of $3.37 billion. During the same period in the previous year, the firm earned $8.41 EPS. The business's revenue for the quarter was up 11.5% compared to the same quarter last year. KLA has set its Q4 2026 guidance at 8.870-10.870 EPS. On average, equities research analysts predict that KLA Corporation will post 37.06 EPS for the current fiscal year.

KLA announced that its board has approved a stock repurchase program on Thursday, March 12th that allows the company to repurchase $7.00 billion in outstanding shares. This repurchase authorization allows the semiconductor company to repurchase up to 3.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

KLA Increases Dividend

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The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, May 18th will be given a $2.30 dividend. The ex-dividend date is Monday, May 18th. This represents a $9.20 annualized dividend and a dividend yield of 0.5%. This is a boost from KLA's previous quarterly dividend of $1.90. KLA's payout ratio is presently 26.04%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of KLA by 151.2% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 116,292 shares of the semiconductor company's stock valued at $171,230,000 after acquiring an additional 70,000 shares during the last quarter. Wilkerson Advisory Group LLC increased its stake in shares of KLA by 760.0% during the 1st quarter. Wilkerson Advisory Group LLC now owns 129 shares of the semiconductor company's stock valued at $190,000 after acquiring an additional 114 shares during the last quarter. Resolute Advisors LLC acquired a new position in shares of KLA during the 1st quarter valued at about $509,000. Hanseatic Management Services Inc. acquired a new position in shares of KLA during the 1st quarter valued at about $345,000. Finally, Dorsey Wright & Associates increased its stake in shares of KLA by 283.8% during the 1st quarter. Dorsey Wright & Associates now owns 1,347 shares of the semiconductor company's stock valued at $1,983,000 after acquiring an additional 996 shares during the last quarter. Institutional investors and hedge funds own 86.65% of the company's stock.

Key Headlines Impacting KLA

Here are the key news stories impacting KLA this week:

Positive Sentiment: Rothschild & Co Redburn raised its price target on KLA to $1,865 from $1,400, signaling improved analyst confidence in the stock’s valuation and business outlook. KLA (NASDAQ:KLAC) Given New $1,865.00 Price Target at Rothschild & Co Redburn
Positive Sentiment: Brokerage sentiment remains constructive overall, with KLA receiving a consensus recommendation of “Moderate Buy”, which can help reinforce investor confidence. KLA Corporation (NASDAQ:KLAC) Receives Consensus Recommendation of "Moderate Buy" from Brokerages
Positive Sentiment: KLA’s 17th straight dividend increase highlights strong cash generation and management’s confidence in long-term profitability, a favorable sign for income-focused investors. Forget the Split: KLA’s 17th Straight Dividend Raise Is the Real Story for Income Investors
Neutral Sentiment: Coverage around KLA’s upcoming 10-for-1 stock split is keeping the stock in the spotlight, but the split is largely cosmetic and does not change fundamentals; it may still attract more retail attention. KLA Is Splitting, and This Foundational AI Company -- Up 4,162% in 12 Months -- May Be Wall Street's Next Stock-Split Stock
Negative Sentiment: Recent insider selling, including CEO Richard P. Wallace’s sale of 4,512 shares, may create some short-term caution as investors watch for signals about insider sentiment. CEO Richard P. Wallace stock sale

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Cantor Fitzgerald upped their target price on shares of KLA from $1,850.00 to $2,000.00 and gave the company an "overweight" rating in a report on Monday, March 30th. Stifel Nicolaus upped their target price on shares of KLA from $1,700.00 to $1,910.00 and gave the company a "buy" rating in a report on Thursday, April 30th. New Street Research upped their target price on shares of KLA from $1,460.00 to $1,770.00 and gave the company a "neutral" rating in a report on Wednesday, April 29th. Barclays upped their target price on shares of KLA from $1,595.00 to $1,700.00 and gave the company an "overweight" rating in a report on Friday, January 30th. Finally, Dbs Bank upgraded shares of KLA from a "hold" rating to a "moderate buy" rating in a report on Monday, March 9th. Twenty investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $1,838.48.

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KLA Company Profile

(Get Free Report)

KLA is a provider of process control and yield management solutions for the semiconductor and related microelectronics industries. The company designs and manufactures equipment, software and services used by chipmakers to analyze and control manufacturing processes, detect defects, measure critical dimensions and improve yield across wafer fabrication, photomask and packaging operations. KLA's offerings are aimed at enabling production of advanced logic, memory, and specialty devices at progressively smaller technology nodes and more complex package structures.

Its product portfolio includes optical and e-beam inspection systems, metrology tools for critical dimension and film measurement, mask and reticle inspection platforms, as well as enterprise software and data analytics that aggregate process data and drive automated process control.